Tesla should take advantage of its stock’s post-election surge to raise capital by selling shares, a Jefferies analyst says.

The election of Donald Trump has stoked optimism on Wall Street, where his business-friendly agenda is expected to juice economic growth and loosen regulations. Electric vehicle makers, however, face a hazier outlook than most other businesses.

Ark Invest funds have been selling the electric vehicle maker's stock over the last few weeks and reinvesting the proceeds into Amazon.